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|4Dec 16, 6:56 PM ET

JONAS HOWARD S 4

4 · Rafael Holdings, Inc. · Filed Dec 16, 2025

Insider Transaction Report

Form 4
Period: 2025-12-13
Rafael Holdings, Inc.RFL
JONAS HOWARD S
DirectorExec Chairman, CEO & President10% Owner
Transactions
  • Tax Payment

    Class B Common Stock, $.01 par value per share

    2025-12-13$1.50/sh−9,867$14,776→ 257,840 total
Holdings

  • Class B Common Stock, $.01 par value per share

    (indirect: By Foundation)
    98,820

  • Class B Common Stock, $.01 par value per share

    (indirect: By Trust)
    563,538

  • Class B Common Stock, $.01 par value per share

    (indirect: By Trust)
    12,299,207

  • Class B Common Stock, $.01 par value per share

    (indirect: By Genie A Partners, L.P.)
    457,031

  • Class B Common Stock, $.01 par value per share

    (indirect: IDT A Partners, L.P.)
    324,219

  • Class A Common Stock, $.01 par value per share

    (indirect: By Rafael A Partners, L.P.)
    787,163
Footnotes (3)
  • [F1]Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
  • [F2]Consists of 198,542 vested restricted shares of Class B Common Stock and 59,298 unvested restricted shares of Class B Common Stock that shall vest as follows: 29,649 shares shall vest on each of March 13, 2026 and June 13, 2026.
  • [F3]The Reporting Person is the sole manager of the sole general partner of the limited partnership and, therefore, has sole voting and dispositive power over the shares of Class A common stock held by the limited partnership.

Documents

1 file
  • 4
    ownership.xmlPrimary

    4